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. remember samsung is getting ready for its brand new launch of its new samsung galaxy s4. apple is actually bringing the launch of next iphone 5s. so, the sooner they get it out the better. >> reporter: once out, they will be available on all major u.s. carriers, and it looks like the subsidized price will range from $149 to $199. still, will people beyond diehard blackberry fans actually buy the phones? >> start with suzanne's question i was a long time blackberry user. about a year ago, i finally switched. why should i switch back? >> you know the famous home button on the bottom of the device, you don't need this anymore. you don't go in and out of applications. you have it all at your fingertips at the same time. and you can take action on it without opening any other applications. >> reporter: but, if you're worried that blackberry isn't hip enough for you, the company had one more surprise: a new addition to its payroll. our new global creative director, ms. alicia keys. >> they did a very nice job. they brought the product out in a successful manner. now the issue is will it sell or
the heated rivalry between samsung and cap people could cool down, think again. a tech analyst firm tells reuters that samsung will widen their lead in smartphone sales in 2013 over apple. their sales will grow by 35 percent because the company offers several different kinds of phones. apple expected to do very well with smartphone cells growing by 33 percent. this afternoon, aism another mass shooting visits the families of survivors of the sandy hook elementary school, former arizona congresswoman gabrielle giffords will be in connecticut tomorrow to meet the families in a private setting. she was shot in the head two years ago at a campaign event and forced to retire from the injuries. tonight a benefit concert will be held for the sandy hook victims at new vision church. >> in the wake of the tragedy another company is offering bullet proof clothing for children. it is made by a company in columbia that makes bullet roof items for adult, and the owner has been getting e-mails asking for children's sizes. among the items being made are backpacks and vests. the owner lands -- plans on s
. one of the reasons, concern that samsung electronics will widen its lead over apple in the global smartphone sales in the market this year. samsung could show growth of 35% and strategy analytics says samsung has a very broad product lineup. some traders noted a bearish report about iphone and ipad sales at deutsche bank as a possible reason that the stock was down today. even though the nasdaq closed higher on the day, apple kept -- kept the index's gains muted having the biggest drag on the nasdaq today. despite apple's move lower, it's up more than 4% this week. >> wow, okay. thank you. >>> a new warning that home prices may hith a speed bump in 2013. diana olick has that story. why? >> that's right, michelle. home sales are higher and demand is become and supply for home sales is really low. sounds like the perfect recipe for price spikes, right? wrong. growth will slow n 2013 r 2013. why, the latest case schiller home price index shows prices steadily rising, rising because of record low mortgage rates, a low supply of homes for sale and huge investor demand in the huge crash
of apple has to go someplace else. amazon, like it. >> samsung and the whole supply chain. >> one more check on shares on apple, down by just about 10%. the last time this stock was down 10% during the may flash crash on earnings. it was p12008. having an impact on the qs. i'm melissa lee. see you tomorrow at 9:00 for "squawk on the street." "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game. going out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, trying to save you a little money. my job is not just to entertain but to educate and put things in perspective. call me at 1-800-743-cnbc. not everything in the market can be explained by cold hard facts. not everything is rational or even cut and dried or it can even be ascertained with close scrutiny. including today where the dow vaulted 67 points s&p advanced, nas
expensive for them now. which leads me to the question i wanted to ask you. samsung is selling more phones than apple. samsung is still more popular than april until some cases. but apple still does have that cachet. but can apple compete without slashing its price? something steve jobs never wanted to do? >> i think they'll do both. i think they'll produce a regional product that will maybe be limited to china and countries like china. at the same time, apple's success has been from developing new markets and frankly, the samsung phones, courts have said, sure looks like a copy to us. and in this instance, there will be another product classification. there will be another iphone, ipad, itunes, whatever you call it. the next one is coming. there are still products steve jobs was working on before he died that have not yet been introduced. >> and obviously, apple's betting on those. steve jobs died in october of 2011. now, if, and this is a big if, because betting against apple never paid off for anybody, but this apple does have some issues now. turned out to be longer term. are they tim
told californians that a new samsung r&d facility in north san jose will bringing in 5,000 new jobs. so let's go deeper here. samsung's original announcement back in august said the company's total investment and number of hires in san jose wasn't determined at that point. so today we confirmed with samsung, we called them up. they have not announced the number of jobs eat either meaning governor brown is using yet another figure that can't be backed up by data. i'm sam brock. that is today's reality check. >> a single protester interrupted the confirmation hearing for senator john kerry today. kerry is expected -- >> i'm tired. >> theresley is, kerry is expected to replace hockey as secretary of state. the interruption came just as he finished his prepared remarks to the senate foreign relations committee. he handled the protest by alluding to his own time as an anti-war activist. >> when i first came to washington and testified, i obviously was testifying as part of a group of people who came here to have their voices heard. and that is above all what this place is about. so i respect
whether to be like samsung or those guys in nokia that just slashed the dividend. and what we heard wednesday from apple and last night from samsung is a tale of woe that you could argue says smartphones have become saturated. everybody who needs a smartphone has one and now they're even trading down, not even buying expensive smartphones. qualcomm has got a heavy burden as it's going to have to tell us if that's the case, if there really is saturation. it has to tell us because it's the semiconductor brain for so much of the next generation of smartphones. this is the most important call of the week. and it might be when you can start buying apple if it hasn't bottomed by then. not that i want you in it but people do keep asking me. and please understand that apple is going from growth stock to value stock and that's often an ugly journey. okay? there's clip joints along the road and a lot of speed traps you know, the with r5idar guns. thursday is a day made for "mad money." and we think lightning could strike, possibly more than once. we have said recently that three companies who
a samsung supplies almost 500. we think if apple do sign with major carriers like china mobile, like ntd.com, that can be a driver. then finally one more thing that can juice earnings is to have $137 billion of cash. $40 billion of that is on -- we expect the company to become more aggressive with the cash distribution and buybacks over the next 12 to 18 months. in terms of -- this is where i do agree with the other speaker. it is going to take time to repair this. we think an iphone 5 refresh comes out in june. a low end iphone which i would highlight is not in anybody's estimates today may come out in september. and the buybacks in q4. but the issue being there's not much in the next few months. even i would concede. >> jeff, what about all that? a lot of positives for apple here. >> let's talk about china growth for a minute. emerging market growth in general is going to have a lot to do with the price point that apple is going to be able to deliver their products. when we saw walmart come out with the iphone and prices lower, you had to see that there was an issue in margins. i would
overseas and emerging markets like china and india where samsung has made inroads as well as many other android-based devices that are cheaper some wall street analysts out there saying this could compel apple to make a lower end iphone in order to increase those sales. so that could pinch margins elsewhere so that's not an easy task ahead. apple is rebounding this morning. its shares are up about 1%. speaking of samsung, its galaxy line-up led to a 76% increase in profit in the latest quarter up to $6.6 billion. and according to strategy analytics samsung was the smartphone winner for 2012. sold 213 million smartphones apple in second with 136 million, nokia with about 35 million in third place. stocks off to a positive start today thanks to some stronger earnings, some companies like procter & gamble, kimberly- clark and halliburton. dow up 35, nasdaq up 16, s&p up 5 points back to 1500. touched that level yesterday and it's going to see if it can hold on for the first time since december of 2007. frank and anne, back to you. >> thank you, kcbs radio'
. also samsung's forecast for 2013 capital expenditures that will be very similar to those of 2012. amat, applied materials up over 2%. that group is doing very well. there's been a lot of speculation that maybe samsung would cut the cap ex, but they are not doing that, and that certainly gives these chip equipment stocks a nice bounce here. it just shows that they have a good road ahead of them here for 2013 because demand is hot and high and it pushes these stocks to the upside. back to you. cheryl: nicole, thank you very much. see you very soon. look inside your portfolio right now, open it up right now, get to your computer. the success of the stocks you own depends very much in part on the people leading those companies. ceos with a vision who partake in the world's conversation to learn how to grow and prosper. liz claman is at the global conversation going on right now with one of those ceos. she's in switzerland at the world economic forum. liz: cheryl, we are all very busy here in davos running around but easily one of the top five busiest people is the chairman and ceo of dow c
they can snap a picture. >> and there is buzz on a new line of tv's from samsung with unprecedented shape and design leading to speculation it could be vertical and alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've got snack-defying, satisfying totino's pizza rolls. [ ringing ] it's on. let's roll. >> oakland, and sunnyvale, this is abc7 news. >> welcome back. you are look live from our camera over a chilly bay area this morning. mike says expect it will be the same as yesterday. bundle up to the same degree with the full forecast coming up. >> new this morning, police in india plan to file charges against six defendants in a gang rain and killing of a 23-year-old university student. the attack on the woman two weeks ago continues to stir global protests including in the bay area. critics are upset it has taken so long to move forward. the crim
opens this week in las vegas and it could be the year of the fal let, with samsung note on the market and self more companies are expected to announce a fab let at the show. readers can see more visuals. the word of the year is "hash tag." that was picked over fiscal cliff and 47 percent. the only text on the cover of newsweek was "hash tag." >> san mateo and all the bay area, this is abc7 news. >> good morning. 4:42 on monday. hope you had a great weekend. san francisco is locking across the bay toward oakland, crystal clear right here. it is cold. we have fog out there. mike nicco is tracking that for you. and there are fog advisories. >> new this morning, the alameda family coroner identified a man killed running across a busy oakland freeway. a 44-year-old behind a wheel hit the center divider of i-880 and after the crash, he got out of the car and tried to cross the freeway on foot and he was then hit by at least two passing cars, all northbound traffic was diverted at 66 avenue for almost two hours. all lanes re-opened just before 10:00. >> emergency crews in san jose launched a
for the iphone 5 because of weak demand for the smartphone. the sales are slowing while samsung's share is increasing. here is another problem for apple, teens say it is no longer cool because adults like apple products but teens want the latest and greatest not a phone that came out when they were in elementary school. now a fix for the security flaw in java that. brother add warning from homeland security. 850 million people use java and this patch is not enough. those are the tech >> daly city, dublin, los gatos and all the bay area, this is abc7 news. >> good monday morning at 4:42. the embarcardero in san francisco, the ferry build, still red and blue for the 49er would won. here is the thing, it is very cold out there. you cannot tell from the picture but we have frigid conditions. mike nicco will talk about how long before we warm up this week. >> in the news the corruption trail of six former city officials in the los angeles suburb of bell is underway this week. a 20-count felony complain was handed down against the former mayor and vice mayor and four city council member. an i
smartphone shipments came from apple compared to samsung's 31%. fisher price is recalling about 800,000 rock and play sleepers due to the risk of mold exposure. early birds will have to wait for their tax returns this year. the irs announced it will not begin taking 2012 filings until january 30th, more than a week later than usual. that's due to delays tied to the fiscal cliff deal. meanwhile, you may have heard about an idea getting some currency shall we say online that could solve the nation's latest fiscal crisis, the debt ceiling. a white house petition to mint trillion dollar platinum coins has gotten nearly 7,000 signatures in one week. now it's estimated here a coin really worth a trillion dollars would be the size of a solid platinum 747. by weight of course. on the other hand if you want to go broke in the new year one new york restaurant has a four course meal priced at $2,013. it comes with two pounds of lobster, truffle, wine and a limited edition versaci plate. heading down under, the name under the golden arches will not be mcdonald's. in honor of australia day it will be cha
and it may never be the same. t-mobile handing out samsung galaxy smartphones to major league teams to replace the handset and the cord. and since the call to the bullpen itself is sponsored these days, and seemingly everything in baseball is sponsored these days, they couldn't pass up this opportunity to step boldly into the cordless future. >>> finally, the headline on the forbes website is scary. it reads, doom's day astroid bigger than expected. they're talking about a football-field-sized astroid called 99942 apophis, and while it will pass by tonight, when it comes back in the year 2029, it will pass so close, just over 30,000 miles, it's going to be visible in broad daylight. >>> we're back after a break with our making a difference report. big crowds, a big surprise for a family finally getting to go home after so much loss. >>> making a difference. brought to you by pfizer. >>> time now for our "making a difference" report. more than 70 days now since hurricane sandy, still a lot of this region is in the dark with so many homes destroyed, condemned or not near ready to be l
show. >> samsung came up with a very interesting 5.5 inch flexible screen that kind of makes you imagine all kinds of possibilities
deficit. and it's also in focus with samsung electronics, expected to release it's delayed guidance. at the same time, japan's retail giant will unveil their q3 forecast, as well. and december faels figures are due from taiwan. auoptronics and umc. >>> still to come, our next guest expects a 10% price drop in aural commodities over the new year. we'll find out why in just a moment. it turns out he turned his back on his homeland since the next tax. he received his russian passport as well as you can see a hug from the president. probably not easy to do to hug him. stephane is in paris. you have to have big arms to try and hug gerard. >> long, long arms. very long arms. >> i'm not quite sure why he's gone for a russian passport. i don't quite -- i thought he was going to live in belgium. anyway, how is this all going down? >> there's a fiscal agreement between france and russia in 1996 and he's in the still position when it comes to fiscal residence. the main criteria is the usual place of residence. in other words, if he still spends more than 50% of his time in trans, he will still
large-screen tv sales by 2015. south korea's samsung electronics, the largest producer of lctvs has unveiled its new tv it will allow people to upgrade the function of their tvs and watch online video clips. >>> we've been starting off the new year find out about people in japan who are considered frontrunners in their fields. the focus of our next story spent years working to secure peace in conflict zones. she says stopping people from fighting is just the beginning of a long process. she spoke with nhk world. >> translator: in a line that is often blurred, she found her calling. >> i need to do something for that. >> reporter: and do something she has. she's helped to dissolve ethnic tensions, and worked on demining projects in asia, all in hopes. achieving some form of peace. >> 50 or 60 years ago, the war was mainly between the states. after late 1980s, it became inside the states. en i what's happenings right now is the expansion of terrorism. >> she has adapted to that change through her work, the japan center for conflict prevention. it doesn't just mediate talk between stat
. >> samsung says global sales of its galaxy as smart phone has surpassed 100 million. >> samsung rolled out the first galaxy as models at the end of may 2010, scrambling to catch up with apple, which was reshaping the market. >> despite a late entry, samsung quickly caught up the cupertino firm and became the biggest more foam maker. >> galaxy s series achieved a milestone faster than apple. >> it took about four years wrap a cell 11 2 million iphone. >> a second fuel leak for bowens 787 streamlinerd- reamliner . japan airlines reported a fuel leak and inspection yesterday's. >> the aircraft quarterly was the same one that had a fuel leak in boston last week. >> japan's all nippon airways has experienced a filly, a cockpit when the crack and a computer malfunction in its 787 causing cancellations flights. the u.s. government said last week the 787 a safe to fly, though it lost the probe last week into the cause of their is problems very >> still ahead back on the ice the san jose sharks' head back to training will take you inside their practice >> good morning time ms. 4:14 on your monday m
and samsung continues today in a san jose courtroom. the two companies are fighting over patent and trademark infringement on several fronts. now, the hearing today could lead to a new ban on samsung products being sold here in the u.s. apple claims that 19 of samsung's devices, including the galaxy and note products, use eight apple patents and it's not being expected -- compensated. similar battles are being fought across europe. >>> sales in china may be down for kfc. this is after the chinese government started to support them with poultry. it expects a 6% drop in revenue in same sales stores there. sales in china had been expanding. >>> mcdonald's is expanding its test of a new menu tie tell. they could be adding mighty wings to its chicken offerings. they were tested successfully in atlanta and now chicago will get to try them. one thing that could keep them from going national is the increasing cost of wings. the prices have gone up on wings. >>> mcdonald's changing its name but only in australia. and only temporarily. the people of call it macs. it's in honor of australia day. [inaudi
and samsung. also the small ones. some are saying that these are great÷b breakthrough technologi. ÷bthat is why we run this event. it is for anyone. >bit is not just for the big companies. that is how we run this organization. >>÷b÷b where dcñbñb÷b÷b÷b÷b÷b÷br electronics and the next few years? -- where do you see growth and consumers electronics over the next two years? ÷b>>÷b that is exciting. ÷b it's through all serves of products that you can envision. ÷bone was a grudge door opener. the baby monitor. ÷b-- one was a garage door open. ÷banother was a baby monitor. ÷bi think that is great. newer devices. clearly we are shifting forward in a robotics in newer technologies. ÷bñbwe had seen a spike here. Ñbhealthcare electronics. health and well-being. the healthcare world÷b÷b÷b÷b÷b÷s conversed in a burglary. ÷bthere are a lot of areas of growth. ÷b÷b÷bobviously the automobile s recovering huge. they're using devices, but also we are gettingÑb to systems and focusingÑb and making sure that you are paying attention as a driver and wake you up. take facia
generation smartphones. but sales figures say it's fallen behind samsung. possibly even lg worldwide. meanwhile, a federal judge says apple's ceo tim cook will have to testify about allegations apple entered a secret agreement with other tech companies not to steal each other's employees some years ago. this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is what the weather caused. a chicago warehouse gutted by flames now just looks like an ice castle. it was so cold when firefighters were dousing the abandoned warehouse with water and it turned into ice instantly. this happened last night in chicago. a five-alarm fire ripping through the building. temperatures dipping to a
along with some warnings on the strength of gloeg global demand coming from the likes of samsung. will i sixuan has plenty more from singapore. >> thank you, kelly. let's start with japan. that market yet begin took center stage in asia. december cpi came in at minus 0.2% piling more pressure on the boj to beat deflation and eventually meet that 2% inflation target. the boj jumped nearly 3% and it's up for the 11th straight week. that's the longest winning streak in about 42 years. the japanese yen weakened to a fresh 2 1/2 year low against the green back. that's fueled a strong rally in exporter stocks. shares in china gave back strong gains earlier ending down by 0.5%. chinese stocks led losses of prot taking after north korea warned us more rocket launches and a nuclear test. the weakness in the mainland dragged the hang seng lower by just a touch. china mobile shares slipped for the fifth straight sessions. elsewhere, south korea shares pulled back for the third straight session, down almost 1% today. suppliers, they continued to tumble. samsung electronics lost 2.5% despite record e
such as by samsung -- are at 43% up from 20% last year. starting this week just using your credit card could cost you more. it's because of the new "swipe fees." those fees were part of the settlement last summer between credit card companies, banks and merchants. it is now legal for businesses to pass merchant fees onto consumers. anywhere from 1.5 to 4% of the total purchase price. just because they can charge the fees doesn't mean they will. given the current economic climate it is believed most retailers won't. still to come why wall street is heading south to the sunshine state. thats later on. but first....why gun manufacturers are running into problems. thats straight ahead. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. the mayor of chicago is asking banks to get on board with gun safety. m
's demand to increase the more than a billion dollars in damages a jury awarded samsung to pay them. u.s. district judge lucy koh also rejected demands from both companies to conduct another trial. koh ruled that the san jose during that ride in august when it found samsung infringed six patents and awarded apple a billion dollars in damages. the series of orders issu not addres and solve request to reduce the award. >> hostess is reportedly close to picking a preferred buyer for its twinkies brand a move that could signal the venture return of the snack cake to shelves. a source familiar with negotiations says that to private equity firms are the likely winners of the round of negotiations to buy twinkies . any agreement to sell would be subject to approval of the federal bankruptcy court that is overseeing the liquidation of hostesses assets. >> you just heard a listen to witnesses calling 911 reporting the sideshow on 880. we will have more on the investigation when the kron 4 morning news continues. and walnut creek, assuring you interstate 6. 80 >> it should warm up to the low 60s
for excitement and success, we are not taking they will overtake apple or samsung. if a chief 5% market share, a home run. >> a far cry from the glory days when their shares peaked at over 48 canadian dollars. today, they are around 15 canadian dollars. that is a fall of 87% in just over five years. >> it is unlikely they will ever be a leader because google and apple, they have so much momentum. the opportunity is to make to become the third ecosystem. >> introducing the blackberry helmet. >> a humorous note to how addictive we were to blackberry. in technology, fortunes rise and fall fast food to the question is, can blackberry's fortunes rise again? -- in technology, fortunes rise and fall fast. the question is, can blackberry's fortunes rise again? >> the injury suffered by an activist in pakistan were so intense that a piece of her skull ended up in her abdomen. now, they will prepare to remove it and put it back in her skull. the doctors said she had made a remarkable recovery. >> her injury was life- threatening. a recovery so far is described as remarkable. weeks after malala yousafza
of a disappointment. it'll compete in price with the iphone and samsung galaxy, and we think it'll have less of a chance of converting those customers over." monday, the current ticker symbol will change from rim to bbry. the stock, which surged 140% in anticipation of the launch, wound up losing 12%, down $1.88 per share. many have called this a hail mary pass for blackberrym, which fits with an expensive ad buy during the super bowl. the company also introduced singer- songwriter alicia keys as its global creative director. a bankruptcy court will consider a proposal today that could return missing money to mf global investors. farmers and other investors lost mllions of dollars when the brokerage firm fell apart in 2011. regulators uncovered $1.6 billion trapped in wire transfers. the new york times is calling today's court proceedings a turning point in the case. boeing's ceo is confident investigations will reveal the source of the dreamliner's problems, but won't say how long that will take. joe schwieterman, an airline analyst, predicts pressure from airlines may get the planes back i
by the likes of samsung and apple, so much so that the value of this company has fallen by 90% in the past few years. a big fall. let me explain in detail. it has been a while since blackberry generated this much buzz, at least a month -- at least amongst tech watchers. but the blackberry 10, the newest smart phone operating system, it comes with a new line of handsets. the manufacturers certainly hope that this will revive the company's fortunes with the newly appointed ceo looking to turn their future around. >> he needs to see this work well and needs to see consumers have some level of excitement. frankly, the bar for excitement and success is relatively low. we are not looking for them to overtake apple, but 5% market share would be a home run. >> set to be unveiled in the next few hours, let's talk about the latest update on the dream liner. two japanese airlines have confirmed that they found problems with the jet batteries months before there were forced to make an emergency landing. they said they had in fact notified boeing of the problem as early as october. >> we have learned that
to last year, the trial against samsung, they 1 $1 billion, but lost something more significant, public good bit brigid public good will. with companies like blue will out-innovating apple right now, they are following up with the ipad mini. they now appear to be following the market instead of leading it. bid toprime minister's redefine the british relationship with the european union has many worried, which is no surprise. why? half of all goods and services produced by british companies are exported to europe. the 0.5 million jobs are linked to this trade. the impact on employment would be a key concern. but we should not forget that the u.k. is important to europe as well. if you look at exports and imports, they do more business with the u.k. than any other country, including the united states. this may also surprise you, britain over to france and the u.s. to become germany's single largest trading partner. their combined trade with the u.k. in the first nine months of last year was $203 billion. what is it that these ceos want? >> they do not want to leave the euro. free trade is
, but competition is getting, you know, i mman, look at samsung, doing very well, and that's the biggest challenge for apple is beating down the competition? >> they are really the only competitor, is samsung. look at the last few years, apple's grown stronger, samsung grows stronger. nokia is perhaps weaker, and hd is struggling. others did well in certain markets. ashley: looking at the numbers, samsung predicted to carve out 33% chunk of the market this year. that's up. apple shares up, 21% or 20% last year. you're saying, look, there's only two playerings here so there's plenty of food to go around for the competitors? >> yeah, it's a great place. there's only two players in the market in my view, and i think what we'll start to see apple do with the next iphone is that we're going to add colors. ashley: think it could be in the summer perhaps? >> a may or june. ashley: talk of an iphone mini, i don't know if you heard about it, but caters to the noncontract phone operators, $250 range allowing people to get the iphone experience. that's something that's good for apple, do you think? >> so we
for samsung home appliances. doing a photo shoot with their ecobubble. a washing machine. >> yeah. interesting to see a machine out there like that in the snow. >> yeah. kind of a cool way to set up a photo shoot, but watch what happens. some "thing" interrupts their big photo shoot. >> it's a bear. it's a -- >> fine. it's fine. >> saying it's fine. >> let me walk over here. >> we're fine. you, too, sir. now, please. just going to move on. let the bear be. >> so they're getting out of the way -- >> keep watching. >> oh. >> oh, geez. >> oh! >> it looked suspicious from the beginning, i have to say. >> to see exactly what's going on in this video head over to our website rightthisminute.com and click on best of "rtm." >>> it's something we've probably all noticed in a big blockbuster. >> so many continuity errors, it pulls me out every single time. >> what's continuity. >> these guys made a video to make fun of all the mistakes. >> they go places you can't imagine. >> see how far they go, next. >>> and taking out a building from the top down. >> the building lit raye loo koi??çóÑk?wç these s
.;@ >> taiwan's new year's celebration did not come without controversy. samsung electronics offered over a million dollars to light up city skyscrapers. samsung from south korea that. is taiwan technology rival. taiwan tourism officials block that had deal. >> look at that light display. p that works enough, the nation is also fired the prague fill harmonic-to-during celebrations. getting a bird's eye view of the show, $4300 a person. >> just moments ago, london welcomed the new year over the river thames. bells from big ben rang loudly. it caps a big dear for london. >> they're not going to have as much fun as we are with fire works on the embark dareo coming up, new apps helping smart phone users stick to their new year's resolution autos an animal fight caught on camera. what experts say was behind this battle. >> as mount tam camera. clouds in the sky. they should not interfere with our viewing. i'm spencer christian n midnight forecast coming up. >> want to check the traffic this, is a live view of the golden gate bridge. everybody heading into san francisco is running into traffic.
to phones, this is the 5.5" samsung out this year but we will see more big phones like this and phones that are bigger, maybe 6" smartphones at the show. >> paul, which companies do you expect to be the big winners or those to generate buzz at the show? >> well, i think samsung is a very big company and in a lot different areas. other trend stuff we will hear about more wireless connections particularly between smartphones and other things. case in point is this box, they are starting to use smartphones to interact with other devices better so this, for example, you can put it on top of the box and it will charge the phone and send music to the sound box. in cars you will see a lot about what is called smartphone interaction with the cars where the content is displayed on the car screen. those are some of the things we expect to see. >> a lot about the mobile. thank you, paul. can't wait to hear more. >> it is 5:26. neighbors watch in horror as a woman is deliberately set on fire and the man are searching for the suspect. >> president obama will make a nomination for the secretary of d
they stop you. with the samsung galaxy ii from straight talk wireless. he'll get the same nationwide coverage for half the cost. let's see if he notices. of course. joe saved $950 a year, enough to buy some sweet pyro. straight talk wireless. same phones. same networks. half the cost. [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of yoplait light, now at 90 calories each. yoplait, it is so good! ♪ now, i'm stronger than yesterday ♪ >>> when britney spears got engaged about a year ago, everybody said it was a sign of newfound stability. but this morning, they're breaking up. >> we're also hearing that she's bailing on her reality show. what's going on here? abc's rachel smith has the details. a busy week for her. >> indeed. a busy day. today, it's britney against the music. rumors were swirling about brittabri britney's departure from "the x factor." the pop star made even bigger news on the same day. take a look. this morning, all eyes are on britney spears, ending yet another relatio
and the judge in the apple samsung patent case denied samsung's request to keep some sales numbers private while the verdict is being appeal that had means apple and the rest of the world get a peek at detailed sales figures. stocks rally with the dow closing over 300 points higher after lawmakers put in finishing touches to keep part of the country fromù=x going ovr the fiscal cliff. your bloomberg silicon valley index also higher. and more world leaders seeing the value of twitter to communicate. 75% of world leaders are now on twitter with either personal, or government accounts. the number doubled in two years, most-followed leader in the world is barack obama. followed by hugo chavez. from bloomberg studios i'm cory johnson. >> cory, thank you. >> googlels  executive chairman is on his way to north korea on a private trip. it's an unofficial visit as north korea has no diplomatic relation was the u.s.. google previously hosted lower level north korean officials in april, 2011. the new leader says he wants to focus on technology. >> let's turn to the forecast now. i woke up today and igs[k
the best possible picture. phones like samsung and galax and lg and lumina 920 offer this feature. if someone ruins a shot by walking in on it you can remove them. >> tap what you don't want in the know to and the camera takes it away. on some phones can you set it to certain words like "cheese" and the camera takes the picture. ever miss a shot because you did not take it fast enough? the lg senses when your finger is about do snap a photo and takes multiple shots so you do not miss the moment. with smart 15s, getting smarter, you will have fewer excuses for taking a bad photo. >> consumer reports expected to see these features begin to show up on traditional cameras in the coming year. the samsung galaxy and digital camera allow you to combine the best takes of each person for multiple photos and combine them all into one picture. >> vacation photos about to get better. >> people could take photos at the maverick surf competition with the surfing world ready to descend on the san mateo coast. >> duped? or deception? the romantic hoax entangling a star notre dame football player
that samsung has come on very strong. when you go to a resaler, the sales for samsung are much stronger than they used to be. i think this shift has got to be acknowledged. as henry blodgett said, the stock is inexpensive. when you have something that is old news, new news, it doesn't matter, there is a continuing recognition that something is just not as great at apple that it used to be. >> i think we can make the argument all day and all night, the valuation, cash on hand, dividend that apple is paying. at the same time you can make that case for a lot of other tech stocks out there. they pay a dividend and yet the stocks don't move much anymore. and i'm thinking of like a microsoft, for instance. >> well, i was just reiterating what henry was saying. >> right. >> i feel that, again, there's a lot of things that are subtly wrong with apple. the new itune iteration is just hated. i don't know a soul who likes it. it's very clear that there are real issues involving the ipad mini and whether it's as exciting as it used to be. there is no omg factor. it's just -- frankly, as my daughter said
consumers have choices now. >> they like all of the smart phones out there from samsung, from lg for that matter. the nexus 4. the marketplace has caught up to apple. >> apple sold an iphone or ipad every 10 seconds during the highway days. but its $13.1 billion profit was exactly the same as what it made during the same quarter a year earlier. apple may also be losing its grip on its most loyal customers if barton is any indication. >> i switched to this samsung and i used an iphone for two years but it is lighter. thinner. the screen is bigger. and i have been happy with it since. >> apple fans remain convinced there is no better technology. >> i pretty much stuck to apple products since the beginning. computers and laptops and phones and a couple of i^ pad minis. it is streamlined and easy to use. i stick to apple. >> reporter: apple stock lost a fourth of its value. its hoard of cash now estimated at $137 billion. the question is is whether that cash can help it develop the next big thing or allow it to buy a promising startup with a hot new idea. the ceo says the main missio
samsung announced fourth quarter profits of $6.6 billion. that is an increase of 76%. samsung says the popularity helped boost profits. galaxies outsold iphones for the fourth quarter in a row. it is the worst performing of all the asian markets so far this year. in contrast japan nikkei finished the year a three year high. checking in on the european markets all of them most of them are upright now. and our markets futures indicate a higher opening here in the u.s. as well. that follows decent gain for the dow jones up 46 points. s & p did cross 1500 yesterday. it might test that level today. >>> coming up. for the rebuilding process for hurricane sandy just starting in new jersey. homeowners want exactly what they had before may be in for a surprise. >>> good news for fans of star wars movie series. the new indications that episode seven may be in the works soon. >>> you can wake up with ktvu every morning. get the mornings top stories that developed while you were sleeping sent straight to your cell phone every weekday morning at 6:00 a.m.. text the word wakeup to 70123. ♪ usi
the way to the bank. apple has real competition from samsung. with an android operating system with the visionaries from google. sure the market's big, but samsung's beating apple in cell phone share and perhaps more important, apple's phones may not be good enough to take that share back. tablets are terrific. but apple's lost the invinceability that extends to the tablet market. apple has compounded the problem by releasing a faulty map app, a new cord, and i like the old one, and a disliked itunes iteration. it's no longer the only game in town. amazon's total addressable market if it can perfect same-day delivery, which it is going to do with all of these warehouses, is literally all of retail, everything, everything sold at costco, walmart, supermarket, department store, food store, hardware store around the globe. maybe one day selling houses and boats if u.p.s. can figure out a way to deliver them. the addressable market may be no longer than the personal computer and cell phone replacement segment. and many think in a few years, those markets will be saturated. nobody w
last year in the patent battle with rival samsung. the jury found samsung infringed on some but not all of apple smartphone and tablet patents. the judge says the jury got it right. and apple has not been able to identify specific losses it has suffered as a result. she also denied requests by both companies for a new trial. >>> it's a very big day for research in motion. the company kicks off a long awaited and overdue makeover for the blackberry. the ceo will show off the first phone with the new blackberry 10 operating software at an event in new york this morning. r.i.m. redesigned the system embracing the apps, touch screen and multimedia experience prevalent on rival devices. blackberry 10 received favorable reviews on blogs and analysts say there may be room for r.i.m. to make a comeback and investors may be thinking the same thing as the stock nearly doubled since hitting a nine-year low back in september. >>> we'll see what happens. shartia brantley at cnbc, thank you. >>> for the first time since it opened, the kennedy center is planning a major expansion. this is a simulated
's bachelor pad to an l.a. apartment. we replaced joe's smart phone with a samsung galaxy ii from straight talk wireless. he'll get the same great nationwide coverage for half the cost. let's see if he notices. everyone noticed. joe saved $950 a year. enough to buy some sweet mother of glory pyrotechnics. rock on, abigail. rock on. same phones, same networks. half the cost. a samsung galaxy s ll with unlimited everything just $45 a month. straight talk wireless. only at walmart. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. ♪ ♪ ♪ ♪ [ female announcer ] nothing gets you going quite like the power of quaker. today is going to be epic. quaker up. wthe sadness, anxiety,e pleasthe loss of interest. today is going to be epic. the fatigue and aches and pains. depression hurts. cymbalta can help with many symptoms of depression. tell your doctor right away if your depression worsens, you have unusual
to ask you about the competition. we will be hearing from apple tomorrow, overall apple, samsung, can blackberry, can rim compete in this environment? is it all that it is hyped up to be? >> i don't think it can, but the proof will be in the pudding. i think blackberry 10 will represent a significant improvement for the blackberry devices. i think it will mimic in many respects the attributes of the ios and its respective manufactures whether it is apple or samsung. the real question is does it have that extra sizzle to entice customers to come back to the blackberry family? cheryl: absolutely. will they go back to blackberry or stick with athletes. senior research analyst, thank you. >> thank you for having me. cheryl: the path of least resistance is higher. we're sitting at these five-year highs for the major markets, and the dollar is higher, the nasdaq, s&p, the russell all trading to the upside. january seems to be happening. we finally got out of the $92 area. let's go to the floor show. the cme group and of course the nymex standing by at the new york stock exchange in the thic
of blowout quarter we were used in the past. they do face more competition from samsung on the high end. to that extent they need to step up the game a little bit. i think that is the biggest takeaway. david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i think that could be a fair comparison. certainly each investor has to make their own opinion. i do think it is too early to seal the tim cook legacy based on one quarter miss and certainly a little bit over a year after his death. you know i think innovation can still come back with this company. 47, 48 million units of iphones sales may be a couple million lighter than consensus and not in that range but
for the oleds? >> we already are. we supply glass for use in o leds by small form factor like samsung phones. you saw consumer electronics. we make a glass for them. we have the potential of our willow glass, the ultrathin bendable glass to be used in oleds. we're expecting to see that come. liz: fascinating to watch the glass bend. we could see that you can actually, david, bend it. it is so cool. fascinating to see the ingunt, the american ingupt, -- ingenuity, for a company that has been around. my mom had corning ware. remember the dishs? it morphed into quite the business of the as you look at a global business such as corning, you look at currency fluctuations. analysts are a little concerned about this. you have a very weak yaen and some issues that do face you are these currency fluctuations. how are you hedging? how are you going to manage that? are you going to change your strategy? >> we've always disclosed the impact to the end to our investors and analysts. this doesn't come as a surprise. liz: right. >> i think it was the very sharp weakening of the yen from 80 to 90 in the mon
to start with samsung. it's a great example of how much tv you get for your money. a 650 tv set. it has very good picture. uses the technology called plasma which is the technology that is very beautiful deep blacks, and it's also got -- gerri: typically the criticism of these tvs, is that the blacks were gray. >> very black, and you can see well. the picture is bright from any angle with a plasma set, which is important for something like a super bowl party. everybody can see even if they're in the kitchen getting a drink while there's a touchdown. $650, 51 inches. move up, spend twice as much as that, the lg. the lg, 55 inch set. now, this uses lcd technology which is the most common technology in televisions. really nice and bright,, but not quite as black. this is a very good set. $1200, you add in -- gerri: why does it cost twice as much? >> it's bigger and adds online access. you can go to netflix and so on with this tv set. really a nice performer. additional features that the samsung does not. gerri: pansonic. >> it's the impress your neighbor's set. it's $2500 -- gerri: 3700 >>
" and delicate the winners and losers in the tech world in 2012 from apple to samsung. find that a camel on top and you had things to work on. that's right. stay with us. >> my new year's resolution is to finish my studies, master's program in graduate school. >> when he is the solution is to get in better shape. be a better person [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created th heartbeats of children in ed. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. gerri: phase ii for a sneak peek of high-tech gadgets. gerri: well, as we sa goodbye to 2012 and welcome in the new year, "the willis report" is taking a look back at some of the hottest cpanies in the tech world. postal we are giving you a sneak peek of groundbreaking gadgets that could hit store shelves in 2013. should you hold on to getting the iphone five are not? let's as
is the next step? you're 35 different names and brands. everybody from samsung. you're in apple. you're in what else? >> 35 different brands. we are now designed in over a thousand device. for the first time in 2012 we sold over a billion dollars in revenue. >> that's freight. >> terrific milestone for us. fastest business in corning ever to get to a billion dollars. we think the next wave of growth for us started with phones. went to slates. will be notebooks next. these are two examples. lenovo thinkpad. and this is a dell. >> so and it is just specialty glass. >> they're capable. they're touch-enabled. i think what you're going to see a lot of different form factors. the dell for example, you can use this either as a pc or a slate. >> or as slate you can pull that up. you've got the glass contract for that? >> correct. >> i would imagine that is huge? >> correct. the issue with notebooks. you tend to pick them up like this you need strong glass also. a little demo. you always want to break glass. i will let you do that this year. >> i'm obnoxious. i like to do this stuff. >> safet
on your apple hat, all right? they would rather do business with samsung's chip, even though samsung is their biggest competitor, than switch to intel. >> what are we missing? there's uniform negativity here. we'll look back on it at end of this year and say, wait a second, we should have thought of that. >> don't throw that. >> that pc was bad, and they had every right to go out the window. all right, i've calmed down. >> there's no hope? >> anytime you have that budget, you can do it. i like stacy very much. it's a great manufacturer. there's hope. >> okay. >> there's hope. same level of hope. silver lining theory i call it. >> okay. when we come back, a wall street analyst known for being a longtime bear on netflix. and from textbook reynolds to the linked-in for college students, we'll talk to former yahoo! ceo. [ "i'm only human" plays ] humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't
to buy an apple tablet but people in this world that will buy the cool pad 8060 for $100. >> that samsung phone and like the wider screen. the wider screen. >> the important thing is listen to the discussion we are having, about another company. >> i know we want to get to netflix as well. three of six quarters i believe they have missed since he has taken over, two of the last three. jobs was 11 straight and 19 of 20 quarters where they overdelivered. now, put that in some perspective for us in terms of conservative guidance. when does pressure build on him? >> now. already. no? >> we are a long way from that. a long way. >> do you think -- let me ask you, do you think four months ago, the company was a better company than it is now? >> no i think it's the same company. >> same company, right? so then why do you want to pay so much? >> other companies are not the same company. >> samsung is not the same company. google is not the same company. >> interestingly, to put today into some perspective, the last gap down for apple was july 22, 2008. so mornings light this don't happen lot. also
in to kick ap putt at the moment. an article saying is samsung the new call. the advertising campaign was five or six years old saying, android is outselling apple, which we've known for an awfully long time. as ceo, as head of the pr, marketing director, how do you stop that sort of comment dead in its tracks? is it about offering bigger dividends or something more profound? >> well, you know, one of the things i like tim cook has been saying is, we're not about maximizing market share, which maybe sounds like a crazy idea, we're about maximizing customer experience. and we want customers to love our products. that's what got them in the winner's circle in the first place. that's the only thing that enables any mobile phone company, any technology company to keep on going at this tremendous pace. >> sidney -- >> i think you have to -- >> i'm sorry. i didn't mean to interrupt you. i just want to bring in jeffrey. we had a problem with the camera at yale. and now he's now joining us on the phone. jeffrey, what is your view? what should tim cook do here to reinvigorate apple? >> well, y
there is also a subsidy for the samsung galaxy. when you've only got two devices to choose from, not enough competition for these carriers to say, no, we're not going to pay that much. that certainly would seem to be something here that investors are going to continue to pay attention to. the margins are the key here. we'll see. high multiple stock, 15 times, does have a nice dividend as you point out. investors may be looking closely at the margin number for their guidance for the year, despite what are some positive comments. >> we love the stuff. how does it change. how does the metric change. if we look at the fios numbers, they start making money on the dvr, no, now it's just wireless. >> you don't want to forget about the other important parts of the business. there's a wire line business, and that's where they took the sandy charge in terms of the wire line. the positive effects from the union deal that will start to be felt this year. but wireless is the key for this company. it's what moves the stock. it is the most important component by far. this is a giant player that has had ex
it hit it. the stock is down about 17%. >> behind the rifle samsung with the group international data corporation with fewer iphone in the third quarter of last year and that ran apple's operating system for how many phones are running on samsung. tablets as well and apple is expected to hold on to the market share. not as high as it uslly does. android is catching up. you are talking about how we got this fascination with apple and it may not be all that. >> no and there reports they may sell iphone to keep them cheaper and so many different types of phones out there and a lot of new technology that people are excited about is not always apple. >> true. one analyst said apple is still a category killer. when was the last time you saw anybody waiting in line for a samsung device. we still see the lines. >> it may happen. they have a monopoly. you have another one and another one. >> you feel hooked. >> you won't spend the money to switch. >> a landmark that spoke a seven-year streak. >> a confession? reports say he admitted doping to oprah winfrey, but how far did he go? >> the unlike
. this is also gesture technology? >> samsung series 7, this is also gesture, nontouch. it is touch as well. this does a little bit of both. if you're looking for devices -- there are some different combinations, things you can do without touch, things you can do with touch. you don't want to get oil, vinegar all over your keyboard. wave at the computer. >> that's great. this is ingenious. we've been through superstorm sandy here. a lot of people lost power. this is a way to bring light into your life when there is no electricity. >> it's called luminaid. charge it in the sun for five hours. >> pouch that folds flat like this. >> waterproof. you blow it up and it looks like this. then basically to turn on the light it has two settings with this little power button. it will be hard to see maybe in the studio. you can see lights being generated from that. >> you store half a dozen of those and you blow them up at a time when you need them, you've got light in an entire room. >> you do. they're waterproof, puncture proof. two women, one from dartmouth, the other from columbia university came u
apple's latest version of the smart phone or tablet. the new buzz out there is samsung, not apple. apple-like hype is building for the samsung galaxy smart phone, a bigger screen, faster speed, longer lasting battery. and launched in may, it was considered the first to meet or exceed. you keep hearing, apple doesn't meet cool anymore, that's samsung. and i wonder if apple is below 500. where are we? >> and the traders are not getting in and out. right at the 498 mark, not far off from 500. i can tell you that ubs says the next 100 point move should be to the upside. you're right, it really hasn't been doing too much. stuart: and the s&p 500, they're at a five-year high and people down there are happy, aren't they. >> they are, right? they're back to the pre-the financial crisis and and then you sell, your overbought. stuart: cheer up, people, there's good news out there. the markets at five-year highs and your 401(k) is looking good, but we're going to poor cold water on it with a poll that says you are not convinced. we'll bring you the opening bell, should be up in a moment. [ male ann
samsung crushing the competition. you ask is apple next. i bring this up, because, of course, several -- you know, a couple months ago we saw the case. >> yeah. >> about how we heard samsung might be driven from business because apparently their smartphones copied from the iphone. but things seem to be going really, really well for them right now. >> well, that litigation is outstanding. but, you know, and ongoing, i should say. but in the rest of the world, it's not so important. that's number one. number two, it's not possible that the u.s. government is going to shut samsung down from distributing phones in the united states. not going to happen. and samsung is beating apple and smartphones and the rest of the world. they're neck and neck in the united states. and droids are a very, very compelling product versus these iphones. >> -- >> the galaxy note 2. apple has already reported they're ordering less supplies, they think demand is dipping. everyone you talk to seems to like samsung. and now people say blackberry has a chance to survive with the blackberry 10. it's funny how in a
ago. you look at the third-quarter share loss. 14.6% down from 23% a year ago. you look at samsung's growth, and samsung at 31% of worldwide shipments, from 8.8%. so we're seeing these two sort of cross paths here with samsung on the upswing, samsung yesterday reporting a record year, and apple on the down side. >> how long is tim cook going to subsidize its biggest enemy, samsung, and not go to taiwan semiconductors? do something about this south korean invasion. samsung is apple around the world. >> no doubt about it. took that nice train from london to paris. it goes a lot faster than amtrak, just so you know. >> does it lose money every year? >> no apple iphones to be found. but you saw a lot of galaxiegal >> you know, i've got to tell you, apple, wow, what a powerful hurt it's being put on a lot of people. this was one of those stories that everybody owns, and now everybody's saying, what the heck. >> right. >> got to break some news here with mary thompson. i think she's back at headquarters, news on aig. >> as we all know, the company's board is meeting today. and evidently
. okay? look at that! that's a display from samsung that can flex and bend without breaking. i don't know. i just though that was amazing. they call it the yume, and they say it could be used in phones and tablets one day. he says the technology is unlikely to appear in a device as soon as this year, samsung just wanted to show off what it could do. certainly impressed me. >>> it's been 525 days since the u.s. lost its top credit rating. what are we doing to get it back? leon panetta has ordered departments to start cutting costs, in case they don't reach a deal on spending. probably a pretty smart move from the defense secretary. >>> now our third story "outfront." breaking news. the center for disease control has just told cnn that the flu is now at epidemic levels in the united states. right now, widespread, in 41 states. here's the latest map from the centers of disease control. all that red is high flu activity. now i'm going to flip it to show you the same time last year, green, minimal activity. i mean, a totally different picture. this year's flu season came sooner than expected a
. >> samsung came up with a very interesting 5.5 inch flexible screen that kind of makes you imagine all kinds of possibilities >> woodruff: plus mark shields and david brooks analyze the week's news. that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> and by bnsf railway. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the future u.s. military role in afghanistan was front and center today as president obama met with afghan leader hamid karzai. they reported progress in their talks, and said the pace of the security transition will be expedited. at their first face-to-face meeting since may, the leaders announced they're accele
lots of people who bought apple when it was the undisputed king of smartphones. samsung, got that great operating system, android, google. it's good enough so customers don't have to pay up for the iphone and the big phone companies are happy to steer customers there because they make more money selling samsung than apple. people who bought apple because of the chart. it was a stock that kept going higher, so the analysts kept raising targets, numbers. but once the stock started going down, the charts became the enemy. a virtuous circle became a vicious cycle down, chart became your enemy and that means the same people who had raised their price targets on the way up are now busy cutting them on the way down. and there'll be many, many more heard from tomorrow morning. sellers have been taking profits or losses, frankly, if they bought it too high either because they're trying to follow the discipline of not turning a gain into a loss, that's what i did for my charitable trust, follow along. we cut our position in half so we could play with the house's money. still stings, though, but y
. >> there's competition. >> from samsung. a lot of people are criticizing apple for its execution, some of these new products are not panning out. i don't want to get too in the weepds but it's not-- weeds, bu perfect picture. >> remember how we thought about apple a year ago. we said never since microsoft in 1999 have we had a single stock contribute 10% to a 10% market rally. turned out that was top tick for apple and we weren't making a fundamental statement. look it had become as we were discussing before a bit of a cult stock. my broader issue here is tech in general i think looks attractive but the enterprise of tech, the capital spending part of tech, tech spending was depressed. capital spending was depressed last year because of public policy uncertainty. we think that's going dissipate through the year. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop
other companies, gross margins, something made by a samsung, for heaven sake. i thought they were like a steel company. the stock is reacting to how much money is being made on each item. the dreaded nitpick of gross margins. that nasty number that inferiors, competitors are suddenly making superior product at least in the mind of some of the less savvy consumers out there, the superior. what must be going to apple is the fact these analysts actually think they need ammo to stay positive, ammo to do something as simple as breathing, which is to reiterate the buy ratings. i can see tim cook turning to his colleagues puzzled saying, it's as if we have to come up with something breakthrough, something dazzling for them beyond what's obvious. which is how great we are. but at some point, your company's products may face genuine competition. in many places on earth, other companies may be taking share, which is what's happening with that samsung phone. or you might have product lines in decline like the iphone. like the ipad. and it's a funny thing, when that happens, you actually do need t
. >> samsung. >> rose: samsung is coming on strong. they're the star of place where's you used to make big speeches. >> none of them understand software that deals complex information, like microsoft does. in fact, really only of those, google is the only one that is it are movie a software company. and so the good news for mace is that the magic of the future-- visual recognition, speech recognition, letting you navigate rich amounts of information-- that is very software centric. and the needs services, your memories, that will be kept in the cloud for you. that kind of plays to microsoft's strepgz. now, we need to show people that's the case by building these wonderful new cloud services. if you want to look at what your kids did or what you did in the past, now it's so hard. you've got photos here leathers there, bills over here. it's completely disorganized. in the future, with the right privacy controls which is a tricky part of it, your whole life of where you went, going back and sharing things with others you think they would be interested in. it's going to be utterly different. w
. >> reporter: good morning. the iphone still a hot seller but samsung has been padding its lead over apple with its lower cost devices especially overseas. and it's been long rumored that apple would come up with a less expensive iphone to compete. the "wall street journal" says that we could see that lower end iphone by the end of the year. one of the keys in lowering the price would be using less expensive materials. in particular, for the body, perhaps relying on polycarbonate plastic rather than aluminous glass as we see in current iphone models. it is expected that samsung will sell about 290 million smartphones this year. apple around 180 million. >>> there is a big deal in the wireless network space that could be under way. sprint already trying to take over clear wire networks. it already owns more than half of the company but dish network is now stepping in and trying to outbid sprint for that network. dish already provides a number of services wants to add voice to that. we'll see if they can possibly get past the offer from sprint which is al
.com/smallbiz or call 1-888-610-8090 for other offers. verizon. >>> turning tv on its head. samsung is teasing a revolutionary flat screen they plan on unveiling at the consumer electronic's show next week and it could be vertical. this priblt ad appears to show a portrait-style tv but a teaser video shows other tv's flocking to see the new samsung had the tv in the normal wide screen shape. there's speculation the screen could be transparent when off, like a picture frame hanging on a wall. this is not a plenty picture coming up. >>> more americans seeking unemployment benefits last week. let's check in with cnbc julia borstin. >> keith, stocks are traded mixed around the flat line as investors take a little bit of a breather after yesterday's sharp 2% rally on the heels of a deal to avoid the fiscal cliff. today, there is more uncertainty, fierce politicians will fail to raise the federal debt ceiling next month. right now, the dow is trading down just a handle of points. a percentage of one point and the nasdaq and s&p 500 are both trading up fractionally. the private sector created 215,000
pending an investigation. >>> bad news for apple following the lawsuit with rival samsung. cnbc's jackie deangelis live with that story and more. good morning. >> good morning, aaron. a federal judge rejected apple's request to increase $1 billion in damages that it was warded. the jury found samsung infringed on some but not all of apple's smartphone and tablets. the judge said the swrir got it right and not been able to -- asked for a new trial. >>> toyota is recalling for 752,000 corollas and matrix vehicles to fix airbags that could deploy when they're not supposed to. it has received reports of minor injuries and two accidents. the automaker is recalling 270 lexus i.s. vehicles because of a problem with the wipers that would cause them not to work in certain weather conditions like snow. back over to you guys fiemt jackie deangelis at cnbc. >>> a 4-year-old boy is in serious condition after being hit by a car. this happened in green belt. chopper 4 was over the scene on breezewood drive. the boy was with his father at the time of the accident. police are not saying what led to that
in a whole new way. samsung is planning to unveil what it calls a revolutionary new flat-screen tv at the consumer electronics show next week. nobody is sure, though, what the revolution is here -- this print ad appears to show a vertical tv. but a teaser video which shows other tvs flocking to see the new samsung has the tv in the normal widescreen shape. there's also speculation that the screen could be transparent when off, almost like a picture frame hanging on the wall. so that could be interesting. >> yeah. >> i guess maybe you can flip it vertically. i don't know why you'd want -- so you can use it as a frame instead of a tv. you could flip it vertically and have something behind it on the wall and it would be a frame. just buy a tv. >> 6:11. time for weather & traffic on the 1s. tom? >>> i'm standing vertically now. good morning. as you step outside, you'll be frozen solid in place. it is a cold morning all around the region. we have temperatures that are down into the 20s to teens in many locations. sky beginning to clear out in the mountains, we're going to have the sunsh
. >>> and the smart phone smackdown. is apple losingity cool? the samsung, twitter has began a porn problem. the power rundown is next. you don't want it miss it. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> today it is all about tech. first up folks china is considering lifting a 13-year-old ban on video game consoles. nintendo and sony surging a little bit today. i guess you call them surges. julia, you think this ban will be lifted? julia? >> yes, i think it'll be. i think the question is, will it make a difference in mobile and social games are not banned. so if you can play the gims for free or next to nothing, are people going to want to invest in a console. other thing to keep in mind tyler is the fact that ban is not very much enforced so these have been smuggled in in the past. >> john, do 6 billion chinese want to play madden 13 or what? >> yeah, and a lot of them already are. piracy is a huge problem there. ps3 is harder to pirate so yeah, they will probably lift the ban but will it have a positive impact? ma
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